Coin Specifications

Category: Trade Dollars (1873-1885)
Mint: Philadelphia
Mintage: 1,541
Obverse Designer: William Barber
Reverse Designer: William Barber
Composition: Silver
Fineness: 0.9000
Weight: 27.2200g
ASW: 0.7876oz
Melt Value: $19.89 (7/24/2021)
Diameter: 38.1mm
Edge: Reeded
Link to this coin

1879 T$1 PF obverse 1879 T$1 PF reverse
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Description & Analysis

Treasury Secretary John Sherman's February 1878 suspension of trade dollar coinage applied only to ones supplied for the export trade in exchange for deposits of silver bullion. This coin remained on the books as a legitimate part of the coinage system, despite having been demonetized in 1876. There was thus no prohibition on selling proofs, and the subsequent proof-only editions became speculative darlings that almost routinely boosted sales above 1,000 pieces through 1883. Tremendous reductions in the number of fractional silver coins being minted for circulation occurred simultaneously with this development, though for entirely different reasons, and this only added to the frenzy for proof sets over the next decade.

The 1879 trade dollar is very common within the overall context of proofs, with a corresponding increase in the availability of gems and Cameo pieces. Coin certifieds as Ultra Cameo, however, are just as rare for this date as for any other.

GRADE SUMMARY

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Price Guide

Last Updated: 3/23/2020

Click on a price to see historical prices, comparison charts and trends.

1879 T$1 PF
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - 1200 1300 1550 1750 2150 2200 2600 3300 4500 8500 11250 23000 39500 - -
$ - - - - - - - - - 5200 9000 - - -
1879 T$1 PF CA
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - 2400 2900 3700 5300 11000 16000 25500 58000 - -
$ - - - - - - - - - 6100 - - - -
1879 T$1 PF UC
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - - - 10000 - 30000 47500 97500 - -
$ - - - - - - - - - - - 37000 55000 -

NGC Price and Value Guides Disclaimer

Disclaimer: The prices listed in the various NGC Price and Value Guides are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. Prices provided are averages, not specific prices for individual coins. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and — when appropriate — expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides.

Census

 
NGC GRADE SUMMARY

Total Graded: 541
Low Grade: 50
Average Grade: 63
High Grade: 68

The chart showing 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series, 65 series, 66 series, 67 series, 68 series.
NGC CENSUS DETAIL Last Updated: 7/20/2021 1879 T$1 PF
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-------224613315398134393042--418
-------------------1--1
----------------3-----3
-----------------------
Total-------224613315398134423043--422
 -------0%0%1%1%3%7%13%23%32%10%7%1%1%-- 
1879 T$1 PF CA
 PrAgGVGFVF4045505355586061626364656667686970Total
Base------------3921312216171--120
---------------2-345--14
---------------211----4
-----------------------
Total------------3921352320216--138
 ------------2%7%15%25%17%14%15%4%-- 
1879 T$1 PF UC
 PrAgGVGFVF4045505355586061626364656667686970Total
Base---------------1-1-1--3
-----------------------
-----------------------
------------------1---1
Total---------------1-111--4
 ---------------25%-25%25%25%-- 

NGC Registry

NGC Registry Score 1879 T$1 PF CA
 PrAgGVGFVF4045505355586061626364656667686970
Base633655680705729756783811838116015311736189621702614345748025354656785411092542914
640663688713738765792820945128315991789198723182895390549865758722593352158845060
0000007928209451283159917891987231828953905498657587225933500
000000801829105214071667184220782466317643535170616278831013000
1879 T$1 PF UC
 PrAgGVGFVF4045505355586061626364656667686970
Base79682485388291394397510071041141818472082226625783080402855276139721093221185947687
805833862892923953985101811661561192521432370274533964527573164967914101672380150071
0000009851018116615611925214323702745339645275731649679141016700
0000009961029129217042003220424742912371250275935685386181101300
1879 T$1 PF
 PrAgGVGFVF4045505355586061626364656667686970
Base149315381583163016771725173917531808186019112315245128233126367250065551706288041057140604
150815531598164516931729174317711825187720452360257529243308411651876054764293932058242634
0000001743177118251877204523602575292433084116518760547642939300
0000001748178918421894218024052699302534904561536965588223998200
Registry Image Gallery
Grade: PF 68
Points: 9393
Owner: Simpson
 
Grade: PF 68 UC
Points: 9322
Owner: SLUGGO
 
View the Registry Image Gallery

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NGC Auction Central Disclaimer

NGC Auction Central Disclaimer

Disclaimer: The auction prices realized listed in the NGC Auction Central are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. The auction data listed by NGC may occasionally contain typographical or input errors that can result in incorrect prices realized appearing on the NGC website. Therefore, the prices realized listed in NGC Auction Central are designed to serve merely as one of many measures and facts that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and – when appropriate – expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Auction Central. By using the NGC Auction Central, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the NGC Auction Central.